- ISIN
- US46431W5076
- CUSIP
- 46431W507
- Issuer
- iShares
- Inception Date
- Sep 25, 2013
- Region
- Developed Markets (Broad)
- Category
- Short-Term Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $5B
Highlights
- Avg. Volume (1M)
- 458K
- Avg. Volume Value (1M)
- $23.15M
Share Price Chart
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Performance
NEAR Performance Chart
iShares Short Duration Bond Active ETF (NEAR) is up 1.0% since the beginning of the year. NEAR is currently trading at $51 per share. Investors who bought $1,000 worth of NEAR shares 5 years ago would now be looking at an investment worth $1,211.
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Compare this symbol against anything
Returns By Period
iShares Short Duration Bond Active ETF (NEAR) has returned 1.02% so far this year and 3.25% over the past 12 months. Over the last ten years, NEAR has returned 2.86% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
iShares Short Duration Bond Active ETF
- 1D
- 0.02%
- 1M
- 0.05%
- 6M
- 0.65%
- YTD
- 1.02%
- 1Y
- 3.25%
- 3Y*
- 5.41%
- 5Y*
- 3.91%
- 10Y*
- 2.86%
- ALL TIME*
- 2.43%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
NEAR Monthly Returns History
Based on dividend-adjusted daily data since Sep 26, 2013, NEAR's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.
Historically, 85% of months were positive and 15% were negative. The best month was Apr 2020 with a return of +1.8%, while the worst month was Mar 2020 at -3.6%. The longest winning streak lasted 45 consecutive months, and the longest losing streak was 7 months.
On a daily basis, NEAR closed higher 52% of trading days. The best single day was Mar 20, 2020 with a return of +2.2%, while the worst single day was Mar 19, 2020 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.37% | 0.45% | -0.66% | 0.35% | 0.30% | 0.08% | 0.13% | 1.02% | |||||
| 2025 | 0.53% | 0.62% | 0.32% | 0.98% | -0.19% | 0.83% | 0.28% | 0.75% | 0.40% | 0.36% | 0.36% | 0.49% | 5.90% |
| 2024 | 0.46% | -0.18% | 0.41% | -0.42% | 0.77% | 0.60% | 1.32% | 0.92% | 0.85% | -0.51% | 0.51% | 0.26% | 5.09% |
| 2023 | 0.64% | 0.33% | 0.26% | 0.55% | 0.38% | 0.36% | 0.54% | 0.54% | 0.39% | 0.46% | 1.36% | 1.37% | 7.42% |
| 2022 | -0.08% | -0.30% | -0.27% | -0.16% | 0.05% | -0.30% | 0.28% | 0.18% | -0.04% | -0.06% | 0.56% | 0.56% | 0.41% |
| 2021 | 0.12% | 0.05% | 0.04% | 0.05% | 0.10% | -0.01% | 0.05% | 0.03% | 0.05% | -0.10% | -0.06% | -0.01% | 0.32% |
Benchmark Metrics
iShares Short Duration Bond Active ETF has an annualized alpha of 2.34%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 26, 2013.
- This ETF captured 7.17% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.44%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.34%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 7.17%
- Downside Capture
- -1.44%
Expense Ratio
NEAR has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
NEAR ranks 90 for risk / return — above 90% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NEAR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.25 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.00 | +1.04 |
| Martin ratioReturn relative to average drawdown | 13.71 | 8.49 | +5.22 |
Dividends
Dividend History
iShares Short Duration Bond Active ETF provided a 4.06% dividend yield over the last twelve months, with an annual payout of $2.05 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.05 | $2.32 | $2.53 | $2.32 | $0.88 | $0.38 | $0.77 | $1.35 | $1.12 | $0.76 | $0.54 | $0.43 |
Dividend yield | 4.06% | 4.54% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Short Duration Bond Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.18 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 | $1.07 | |||||
| 2025 | $0.00 | $0.20 | $0.18 | $0.20 | $0.19 | $0.20 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.45 | $2.32 |
| 2024 | $0.00 | $0.21 | $0.20 | $0.20 | $0.20 | $0.20 | $0.21 | $0.23 | $0.21 | $0.21 | $0.19 | $0.47 | $2.53 |
| 2023 | $0.00 | $0.13 | $0.15 | $0.16 | $0.18 | $0.18 | $0.18 | $0.18 | $0.19 | $0.20 | $0.21 | $0.55 | $2.32 |
| 2022 | $0.00 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.06 | $0.07 | $0.08 | $0.09 | $0.13 | $0.28 | $0.88 |
| 2021 | $0.00 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Short Duration Bond Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Short Duration Bond Active ETF was 9.61%, occurring on Mar 19, 2020. Recovery took 88 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-9.61%Mar 2020 | 13d | 4mo 7d | 4mo 20dMar 2020 - Jul 2020 | COVID crash2020 |
-1.32%Jun 2022 | 8mo 10d | 6mo 8d | 1y 2moOct 2021 - Dec 2022 | Bear market2022 |
-1.16%Apr 2025 | 7d | 18d | 25dApr 2025 - Apr 2025 | 2025 selloff2025 |
-1.13%Mar 2026 | 24d | 2mo 21d | 3mo 15dMar 2026 - Jun 2026 | — |
-0.76%Nov 2024 | 1mo 20d | 20d | 2mo 10dSep 2024 - Dec 2024 | — |
Drawdown Indicators
| NEAR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.61% | -56.78% | +47.17% |
Max Drawdown (1Y)Largest decline over 1 year | -1.13% | -9.10% | +7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -1.16% | -18.90% | +17.74% |
Max Drawdown (5Y)Largest decline over 5 years | -1.32% | -25.43% | +24.11% |
Max Drawdown (10Y)Largest decline over 10 years | -9.61% | -33.92% | +24.31% |
Current DrawdownCurrent decline from peak | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -0.16% | -10.70% | +10.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 2.14% | -1.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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